Data: In the past 24 hours, the entire network has liquidated 421 million dollars, mainly long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $421 million, of which long positions accounted for $342 million and short positions accounted for $79.07 million.

The liquidation amount for BTC reached $161 million (with long positions at $137 million and short positions at $24.1698 million), while ETH saw liquidations of $134 million (with long positions at $119 million and short positions at $14.5204 million). In the past 24 hours, a total of 139,055 people were liquidated, with the largest single liquidation occurring on the Bitget ETHUSDT_UMCBL trading pair, valued at $26.1019 million.